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World Bank lowers Pakistan's growth rate at 2.4 percent

World Bank lowers Pakistan's growth rate at 2.4 percent

Friday, January 10, 2020, 8:12 AM

The World Bank has lowered Pakistan's growth rate projections for the current fiscal year and next two years owing to continuation of tight monetary policy and fiscal consolidation coupled with external factors. "Pakistan's growth is expected to rise to 3 per cent in the next fiscal year after bottoming out at 2.4 per cent in FY2019-20, which ends June 30," the World Bank said/
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